J. W. Coons Advisors LLC Decreases Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

J. W. Coons Advisors LLC trimmed its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 19.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 314 shares of the specialty retailer’s stock after selling 75 shares during the period. J. W. Coons Advisors LLC’s holdings in O’Reilly Automotive were worth $372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Marks Group Wealth Management Inc lifted its holdings in O’Reilly Automotive by 1.5% during the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock worth $697,000 after buying an additional 9 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of O’Reilly Automotive by 8.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after purchasing an additional 9 shares during the last quarter. Metis Global Partners LLC lifted its holdings in shares of O’Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after purchasing an additional 9 shares during the last quarter. L.M. Kohn & Company lifted its holdings in shares of O’Reilly Automotive by 1.4% in the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after purchasing an additional 9 shares during the last quarter. Finally, Advisory Alpha LLC lifted its holdings in shares of O’Reilly Automotive by 4.4% in the 4th quarter. Advisory Alpha LLC now owns 215 shares of the specialty retailer’s stock valued at $255,000 after purchasing an additional 9 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ORLY has been the subject of several research reports. Mizuho boosted their target price on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Wells Fargo & Company boosted their target price on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. Guggenheim boosted their target price on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a report on Friday, February 7th. BMO Capital Markets boosted their price target on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research report on Monday, February 10th. Finally, Barclays boosted their price target on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $1,390.81.

Insider Buying and Selling at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 833 shares of the company’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now directly owns 760 shares of the company’s stock, valued at approximately $988,000. This represents a 52.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the sale, the senior vice president now directly owns 275 shares of the company’s stock, valued at approximately $364,375. This represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,581 shares of company stock worth $2,071,810. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $1,303.41 on Monday. The company’s 50 day simple moving average is $1,253.69 and its 200 day simple moving average is $1,203.04. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27. The company has a market capitalization of $75.25 billion, a P/E ratio of 32.06, a PEG ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

About O’Reilly Automotive

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.